Earnings Per Share (Tables)

9 Months Ended

Sep. 28, 2013

Computations of Basic and Diluted Net Earnings Per Share

The computations of basic and diluted net earnings per share are as follows (in thousands, except per share amounts):

	Three Months (13 Weeks) Ended						Nine Months (39 Weeks) Ended
	Sept. 28, 2013			Sept. 29, 2012			Sept. 28, 2013			Sept. 29, 2012
Basic net earnings per share:
Basic net earnings	$	147,597		$	110,308		$	317,531		$	367,711
Earnings allocated to participating securities		(518	)		(412	)		(1,324	)		(1,242	)
Net earnings available to common stockholders	$	147,079		$	109,896		$	316,207		$	366,469
Average shares outstanding		319,341			318,463			318,979			318,042
Basic net earnings per share	$	0.46		$	0.35		$	0.99		$	1.15
Diluted net earnings per share:
Diluted net earnings	$	147,597		$	110,308		$	317,531		$	367,711
Earnings allocated to participating securities		(518	)		(412	)		(1,324	)		(1,242	)
Net earnings available to common stockholders	$	147,079		$	109,896		$	316,207		$	366,469
Diluted average shares outstanding:
Basic shares outstanding		319,341			318,463			318,979			318,042
Dilutive effect of stock options and other		185			57			153			71
		319,526			318,520			319,132			318,113
Diluted net earnings per share	$	0.46		$	0.35		$	0.99		$	1.15

Anti-Dilutive Stock Options

The following stock options were excluded from the computation of diluted net earnings per share because their effect would have been anti-dilutive:

	Three Months (13 Weeks) Ended				Nine Months (39 Weeks) Ended
	Sept. 28, 2013		Sept. 29, 2012		Sept. 28, 2013		Sept. 29, 2012
Anti-dilutive stock options:
Weighted average shares		—		801		183		534
Weighted average exercise price	$	—	$	42.07	$	44.51	$	42.07